Australia and The International Economy
The Impact of Slower Overseas Growth in China 
 
Study Design Points Covered:
· cyclical and structural influences on Australia’s current account balance
· the composition and cause of net foreign debt and net foreign equities
· the exchange rate, its meaning and measurement and the factors affecting its value, including relative interest rates, commodity prices and the terms of trade, demand for exports and imports, foreign investment, relative rates of inflation, credit ratings and speculation
· the terms of trade, its meaning and measurement and the factors that may affect the terms of trade, including commodity prices and production costs in trading partners